Culminating a broad-reaching licensing deal signed in October, Verizon announced Wednesday that it has added access to 24 live Viacom channels through its FiOS Mobile App.
Facing investor headwinds as it approaches upcoming licensing renewal deals with the No. 3 pay-TV operator in the U.S., Viacom is getting pressure in some Wall Street circles to remarry CBS Corp.
After a note by a rival media-investment analyst last week sent Viacom shares spiraling on fears of a pending blackout on Dish Network, Craig Moffett responded with his own memo, dismissing the speculation.
Viacom has re-upped CEO Philippe Dauman through 2018, giving a mogul who was already one of the highest paid media executives yet another raise.
Much as we see our family members' foibles, we see the biggest strategic blunders in pay-TV this year in the same way--not as a chance to pick on operators' decisions, good or bad, but to analyze their mistakes and determine how to avoid similar problems. Here are the five biggest pay-TV turkeys of 2014, in all their glorious plumage.
Despite impasses that have kept its channels off some smaller U.S. cable services, Viacom reported a 22 percent rise in global affiliate fees for its fiscal fourth quarter. The spike was mainly attributable to revenue from SVOD services; however, the conglomerate still experienced a single-digit affiliate fee gain when SVOD was taken out of the equation.
Reversing a trend of serious, chronic carriage impasses with small- and mid-sized cable operators, Viacom has announced a deal with Frontier Communications to renew 27 programming channels.
Suddenlink Communications added 2,200 pay-TV subscribers in the third quarter, despite its removal in September of 22 Viacom channels. The narrow gain in video subscribers was juxtaposed against a loss of 3,200 pay-TV subs in Q3 2013, at a time when the nation's seventh biggest MSO still had Comedy Central, MTV, BET and the rest of the Viacom outlets.
Phoenix, Ariz.-based Cable One now has 476,233 remaining TV customers, a 15.1 percent year-over-year decline, with most of the losses coming after the company decided not to renew its 15-channel bundle with Viacom in April.
Fueling arguments by pay-TV providers that its content is too widely distributed across over-the-top channels, Viacom has significantly expanded its partnership with Hulu.